GREENWICH, Conn., Jan. 10, 2024 /CNW/ - Silver Point Capital, L.P. ("Silver Point") is pleased to announce that on January 9, 2024, two of its affiliates, DOIP II Luxembourg Strategies S.à r.l. ("DOIP") and SPCP Luxembourg Strategies S.à r.l. ("SPCP" and collectively, with Silver Point and DOIP, the "Silver Point Entities"), entered into an agreement with Fulcrum Global Markets LLC ("Fulcrum") to acquire, in aggregate, 111,920,836 common shares (each, a "Rusoro Share") of Rusoro Mining Ltd. (TSXV:RML) ("Rusoro"), at USD$0.473122476 (C$0.632659375) per Rusoro Share for a total of USD$52,952,263.05 (C$70,807,766.15) (the "Silver Point Acquisition"). Pursuant to the agreement, DOIP will acquire 30,033,493 Rusoro Shares and SPCP will acquire 81,887,343 Rusoro Shares (collectively, the "Acquired Shares").
Read more at newswire.caSILVER POINT ANNOUNCES AGREEMENT TO ACQUIRE 111,920,836 COMMON SHARES IN RUSORO MINING LTD.
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